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Hilong Holding Ltd. ( (HK:1623) ) has issued an update.
Hilong Holding Limited has announced a further extension of the expiration time for its consent solicitation related to the proposed offshore restructuring of its 9.75% senior secured notes due 2024, moving the deadline from 22 January 2026 to 28 January 2026, London time. The extension gives eligible institutional holders of the notes additional time to consider and respond to the company’s restructuring proposal, signaling Hilong’s continued efforts to secure sufficient creditor consent to proceed with its offshore debt workout and potentially stabilise its capital structure, while existing instructions from noteholders remain valid and no further action is required from those who have already submitted them.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
More about Hilong Holding Ltd.
Hilong Holding Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through subsidiaries as part of a broader group that has issued offshore U.S. dollar-denominated senior secured notes to international institutional investors.
Average Trading Volume: 1,182,124
Technical Sentiment Signal: Buy
Current Market Cap: HK$352.9M
For a thorough assessment of 1623 stock, go to TipRanks’ Stock Analysis page.